The global digital printing packaging market is expected to see steady growth in the coming years, according to a recent market research report. The report, which was published by FMI, provides an in-depth analysis of the market and its growth prospects.
Global digital printing packaging demand is anticipated to be valued at US$ 17,760.7 Million in 2022, forecast to grow at a CAGR of 5.1% to be valued at US$ 29,206.9 Million from 2022 to 2032.
The report indicates that the digital printing packaging market is expected to grow at a CAGR of [insert percentage] between [insert years]. The market is being driven by a number of factors, including the increasing demand for customized packaging, the rise of e-commerce, and the growing adoption of digital printing technologies.
Customization is a major trend in the packaging industry, as brands seek to differentiate themselves from competitors and provide a unique experience for their customers. Digital printing technology allows for greater flexibility and agility in the production process, enabling brands to create customized packaging quickly and cost-effectively.
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In addition, the growth of e-commerce is driving demand for digital printing packaging solutions. E-commerce companies require packaging that is not only protective, but also visually appealing and able to convey the brand’s identity. Digital printing technology enables them to produce packaging that meets these requirements, while also allowing for personalization and shorter print runs.
Another key driver of the digital printing packaging market is the growing adoption of digital printing technologies. These technologies offer a number of advantages over traditional printing methods, including greater speed, accuracy, and cost-effectiveness. As a result, more companies are turning to digital printing to produce their packaging.
Despite the positive growth prospects for the digital printing packaging market, the report also identifies a number of challenges facing the industry. These include the high initial cost of digital printing equipment and the need for skilled operators to run the machines. However, the report suggests that these challenges are likely to be overcome as the technology continues to evolve and become more widespread.
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The Key Players Are:
- HP Inc.
- Xeikon N.V.
- Eastman Kodak Company
- Landa Corporation Ltd.
- Quad/Graphics Inc.
- Tailored Label Products Inc.
- Creative Labels Inc.
- Reynders Label Printing
- DS Smith Plc
- Thimm Group
- Traco Manufacturing Inc.
- WS Packaging Group Inc.
- Elanders
- Colordruck Baiersbronn
- Mondi Plc.
Key Segments Profiled in the Digital Printing Packaging Industry Survey
Digital Printing Packaging Market By Print Technology Type:
- Liquid Toner Electrophotography Printing
- Nano-Graphic Printing
- Inkjet Technology
- Others (Dye tonner)
Digital Printing Packaging Market By Product Type:
- Labels
- Flexible Packaging
- Films & Wrap
- Bags & Sacks
- Pouches & Sachets
- Corrugated Packaging
- Folding Cartons
- Bottles & Jars
- Metal Cans
- Others
Digital Printing Packaging Market By End-User:
- Digital Printing Packaging for Food
- Digital Printing Packaging for Beverage
- Digital Printing Packaging for Alcoholic
- Digital Printing Packaging for Non-Alcoholic
- Digital Printing Packaging for Pharmaceutical
- Digital Printing Packaging for Personal care & cosmetics
- Digital Printing Packaging for Electronic comp.
- Digital Printing Packaging for Chemicals
- Other (Automotive, etc.)
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Overall, the digital printing packaging market is expected to see steady growth in the coming years, driven by the increasing demand for customized packaging, the growth of e-commerce, and the adoption of digital printing technologies. The report provides valuable insights for companies operating in the packaging industry, as well as investors and other stakeholders.
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